SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2016

SIGNIFICANT ACCOUNTING POLICIES

Changes in warranty liabilities

Standard Warranty Liability

($ in millions)

	2016			2015
Balance at January 1	$	181		$	197
Current period accruals	145			173
Accrual adjustments to reflect experience	(6		)	7
Charges incurred	(164		)	(196		)
Balance at December 31	$	156		$	181

Extended Warranty Liability (Deferred Income)

($ in millions)

	2016			2015
Balance at January 1	$	538		$	536
Revenue deferred for new extended warranty contracts	263			286
Amortization of deferred revenue	(267		)	(253		)
Other*	(4		)	(31		)
Balance at December 31	$	531		$	538
Current portion	$	264		$	238
Noncurrent portion	$	267		$	300

* Other consists primarily of foreign currency translation adjustments.